FMH Ag Risk Ins Co
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with modest operating losses during the first six months of 2025. Return on equity has been low, averaging 2.7% over the past five years. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (3.6) including excessive premium growth.
Other Rating Factors:
Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
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Licensed in:
All states except AK, CT, HI, ME, MI, NH, NY, RI, VA, VT
Principal Investments:
Investment grade bonds (45.3%), cash (4.9%), other (49.9%)
Corporate Info
Group Affiliation
Farmers Mutual Hail Ins Co of Iowa
Investment Rating
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Company Address
6785 Westown Parkway
West Des Moines, IA 50266
West Des Moines, IA 50266
Phone Number
(515) 724-5007
NAIC Number
36781
Website
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